The only way for Obama to stimulate the enormous private sector job growth needed to ensure Obama’s reelection is for Obama to announce he is not running for reelection, which would unleash a wave of investment and economic activity not seen since the Great Depression.

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[…] figure that the only ones helped by such clowning will be fellow comedians with TV shows. The economy will only be helped by such a tour if Obama announces he will LBJ and not run. What a magic bus that would […]

Funny joke, but back to reality. I think everyone here that supports the less government concept needs to be prepared for days in the market like today to be blamed on us, and I happen to agree with them. The markets are beginning to realize that government spending will be cut, and there wont be corresponding tax cuts to go along with them. This means less overall economic activity and, in the short run, will put a downward pressure on the markets.

This will be like cutting a drug addict off their drug. It’s going to be messy, all markets will be affects, people will likely lose their jobs, unemployment may even rise as the result of us getting what we wish for, denying that is just closing your eyes to reality. Whats important to remember is, just like the drug addict, cutting this country off of spending, in particular entitlement spending, will be good for it in the long run. Just be ready for the fight, cause it’s gonna be tough.